Agnico Eagle expands stake in First Nordic to 13%
First Nordic is finalizing its acquisition of the Oijärvi gold project in Finland.
To help the mining industry meet the challenges of taking a raw material to market, GE’s Optimization Solutions business offers a comprehensive suite of monitoring and predictive software and ondemand services. These solutions enable mining and rail freight customers to optimize outbound logistics, maximize capacity, increase asset utilization and reduce fuel expense and overall operating costs. Fully customizable to meet the transportation needs of mining companies no matter their size or requirements, Optimization Solutions helps mines enhance rail operations, assets, networks and energy use.
“GE’s commitment to the mining industry extends from mine to port,” said Geoff Knox, CEO of GE Mining. “In this economy, all mines must utilize their assets in the most efficient manner. Making the transportation of materials by rail more cost effective and productive helps our customers reach their goals in the most fundamental way.”
Industry-leading train management system
Live product demonstrations of RailConnectTM Transportation Management System, a train makeup and wagon management solution, is available at GE Mining’s Booth 7371. This leading software for transportation management supports daily operations and drives bottom-line productivity through three highly integrated modules: a transportation management system, revenue management and car hire accounting. This sophisticated software uses processing logic to block cars, distribute notifications, generate charges, calculate demurrage, and provide work orders automatically for improved information flow, increased productivity and reduced costs.
Track inventory anywhere
ShipperConnectTM Rail Supply Chain Execution System is also demonstrated at MINExpo. This system allows mine and rail operators to view rail assets and inventory in transit, manage railcar maintenance and repairs, process inventory transfers, reduce demurrage and storage charges, optimize rail fleet performance and automate rail yard tasks and workflow. ShipperConnect is customizable and can be tailored to an individual company’s needs.
“Our ShipperConnect Rail Supply Chain Execution System provides mining companies the software and solutions needed to manage rail operations, maintain asset and inventory visibility, and process and fulfill customer orders,” said Kirk Knauff, senior vice president of Marketing and Services.
“ShipperConnect Rail Yard Management System helps mining companies simplify complex rail operations, automate routine operating tasks, and manage railcar assets and inventory stockpiles.”
Optimized signaling systems
MINExpo visitors are able to compare GE’s Optimization Solutions for signaling systems such as RailEdgeTM Electronic Authority System. This system is designed for lower-volume mines, but is built so it can be upgraded to Incremental Train Control System (ITCS) as traffic density and mine capacity increase. Signaling solutions are right-sized to provide the safety assurance necessary to optimize train traffic as volumes increase while keeping field equipment to a minimum.
Better performance with ecomaginationSM
GE’s Optimization Solutions portfolio offers several products that are ecomagination qualified and bring clean and innovative solutions to mining, an industry that poses some of the most pressing environmental challenges. Ecomagination solutions help mines reduce costs while protecting the environment. Optimization Solutions products include:
A full portfolio of optimization solutions
GE’s Optimization Solutions business offers a diverse selection of additional solutions to improve network velocity, improve remote locomotive monitoring and ensure compliance with regulations. Learn more about the products and services for mining logistics and rail operations by visiting GE Mining’s Booth 7371 at MINExpo International 2012 or www.ge.com/mining.
